MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.325

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.325

Trading Volume

725,400


18 people like this.

14,813 comment(s). Last comment by rizal2020 19 hours ago

aiinvestor

801 posts

Posted by aiinvestor > 2018-05-14 23:38 | Report Abuse

Today most Malaysian steel stocks were up.

csl1991

245 posts

Posted by csl1991 > 2018-05-15 15:39 | Report Abuse

Incoming

i Alien

48 posts

Posted by i Alien > 2018-05-15 18:26 | Report Abuse

Ssteel giving first strike

Risk Trader

3,942 posts

Posted by Risk Trader > 2018-05-15 19:05 | Report Abuse

Next tp rm0.90 by tomorrow

hstha

3,324 posts

Posted by hstha > 2018-05-15 20:44 | Report Abuse

Southern Steel 3Q net profit up 64%, pays 3.5 sen dividend http://www.theedgemarkets.com/article/southern-steel-3q-net-profit-64-pays-35-sen-dividend

Wow, buy steel stocks now.

aiinvestor

801 posts

Posted by aiinvestor > 2018-05-15 21:56 | Report Abuse

China Rebar Price rebounded nicely.
http://www.sunsirs.com/uk/prodetail-927.html

Data5000

388 posts

Posted by Data5000 > 2018-05-15 22:03 | Report Abuse

Trump come to boom
Waiting

titus

4,159 posts

Posted by titus > 2018-05-16 08:41 | Report Abuse

SSteel reported a very good results....i believed all steel counter will be positive as well. Huat for masteel....

Data5000

388 posts

Posted by Data5000 > 2018-05-16 09:09 | Report Abuse

Good

Qwertyuiop

588 posts

Posted by Qwertyuiop > 2018-05-16 16:40 | Report Abuse

READY TO MOON TOMORROW !

Posted by verhansolution > 2018-05-18 11:15 | Report Abuse

http://www.sinchew.com.my/node/1756858/佐摩:造价600亿.弃用原有铁道.“东铁计划风险高不合理”. Oh no.

Henly

1,902 posts

Posted by Henly > 2018-05-18 16:50 | Report Abuse

new government will stop the not viable project to start kick off better project. I think the new government will stimulate more projects that good for the people.

titus

4,159 posts

Posted by titus > 2018-05-18 17:01 | Report Abuse

construction is 1 of the way to spur growth and create the job. So wait for it to bash down a little while and will go in & commodities and construction-related stock. There still need to build affordable housing and infrastructure connecting to his housing.

probability

14,490 posts

Posted by probability > 2018-05-20 22:01 | Report Abuse

https://www.channelnewsasia.com/news/asia/china-us-agree-to-abandon-trade-war-china-s-vice-premier-10251524


BEIJING: Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday (May 20).

The announcement came after high-level talks in the US capital and followed months of tensions over what President Donald Trump has blasted as an unfair commercial relationship between the two economic giants.

Faith78

102 posts

Posted by Faith78 > 2018-05-20 23:28 | Report Abuse

Will rebound next week.

hstha

3,324 posts

Posted by hstha > 2018-05-21 20:56 | Report Abuse

Japan exports jump on strong U.S. car demand

Iron and steel exports to the U.S. jumped 14%, despite the imposition of a 25% tariff on steel imports to the U.S. Ministry officials said it was hard to isolate the impact of the tariffs due to the many factors that affect monthly export volumes of iron and steel. The Trump administration has refused to give Japan a temporary or permanent exemption on its steel and aluminum tariffs, which prompted Japan to say it reserved the right under the World Trade Organization rules to impose retaliatory tariffs.
https://www.marketwatch.com/story/japan-exports-jump-on-strong-us-car-demand-2018-05-21

probability

14,490 posts

Posted by probability > 2018-05-22 00:06 | Report Abuse

http://money.cnn.com/2018/05/21/investing/stock-market-dow-china-trade-war/index.html

The clear hope is that the United States and China will reach an eventual deal on trade, one that does not lead to big tariffs on key goods that each nation exports to the other -- such as American agricultural products and Chinese steel and aluminum.

wingold

154 posts

Posted by wingold > 2018-05-22 08:48 | Report Abuse

trade war off. up

shawn88

234 posts

Posted by shawn88 > 2018-05-23 12:29 | Report Abuse

what happen keep dropping... ?

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-05-23 16:17 | Report Abuse

all also dropping, dun know why.

jeffrey22

17 posts

Posted by jeffrey22 > 2018-05-23 16:34 | Report Abuse

Because of 1 trillion debt i think

jeffrey22

17 posts

Posted by jeffrey22 > 2018-05-23 16:34 | Report Abuse

Because many project may delay

blacksnake

321 posts

Posted by blacksnake > 2018-05-23 17:51 | Report Abuse

hope the Q.R nice ...... bring Masteel go back 90sen ......

4444

1,800 posts

Posted by 4444 > 2018-05-23 18:06 | Report Abuse

Wait at 50 sen.

jeff619

59 posts

Posted by jeff619 > 2018-05-24 15:57 | Report Abuse

MASTEEL COMING RESULT WILL BE GOOD. TARGET 1.20

jeff619

59 posts

Posted by jeff619 > 2018-05-24 15:57 | Report Abuse

BUY IN NOW

Henly

1,902 posts

Posted by Henly > 2018-05-24 16:47 | Report Abuse

This is not an export counter, 90% of raw mat imported

Henly

1,902 posts

Posted by Henly > 2018-05-24 16:59 | Report Abuse

profit anything above 17mils will give a good boost to the price

tecpower

3,536 posts

Posted by tecpower > 2018-05-24 18:33 | Report Abuse

>This is not an export counter, 90% of raw mat imported

If so, why did the stock plunge after Trump imposed tariffs on steel?

pitbull

1,438 posts

Posted by pitbull > 2018-05-24 19:45 | Report Abuse

Ty.....said ALL IN faster

Gn021

566 posts

Posted by Gn021 > 2018-05-24 21:14 | Report Abuse

KUALA LUMPUR (May 24): The Council of Eminent Persons (CEP) has given assurance that Bumiputera contractors will continue to be assisted under the new government, said Malaysian Malay Contractors Association president Datuk Mokhtar Samad.

He was among those summoned by the Council to identify improvements that could be taken to assist the Bumiputera contractors.

“The CEP, chaired by Tun Daim Zainuddin, has guaranteed that the new government will help Bumiputera contractors using better ways than what was done before.

barricade

24 posts

Posted by barricade > 2018-05-25 10:21 | Report Abuse

mana Q1 result?

Henly

1,902 posts

Posted by Henly > 2018-05-25 16:23 | Report Abuse

sentiment not good yet

JayC

1,302 posts

Posted by JayC > 2018-05-25 18:42 | Report Abuse

result out!!!

Posted by Yong Hui Lee > 2018-05-25 18:42 | Report Abuse

Result out! PAT 17.7M!

vinc3nt

407 posts

Posted by vinc3nt > 2018-05-25 18:43 | Report Abuse

good or not?

Posted by Yong Hui Lee > 2018-05-25 18:46 | Report Abuse

QOQ and YOY also up. Let’s see some greens on monday

aslm

379 posts

Posted by aslm > 2018-05-25 18:48 | Report Abuse

Prospects

The commencement of Ramadan festivities from mid May and the announcement by the
Government to reduce GST to zero rated from 1st June 2018 has soften the demand for the
Company's products. The Company expects the demand to improve during the 2nd half of the
year.

Shernius

270 posts

Posted by Shernius > 2018-05-25 18:55 | Report Abuse

Absolutely.. Steel companies can invest

Shernius

270 posts

Posted by Shernius > 2018-05-25 18:56 | Report Abuse

Ssteel good now masteel next which one?

csl1991

245 posts

Posted by csl1991 > 2018-05-25 19:02 | Report Abuse

Nice result.. Up 25.8%

Posted by J4InvestmentCapital > 2018-05-25 19:08 | Report Abuse

Excellent Result !

Posted by Jason Chan > 2018-05-25 20:15 | Report Abuse

Seems good but not, remember why ppl throw masteel on q4'17 ? Cause masteel is the lowest profit margin among others steel. Now only 4% margin.... with the steel price up , ppl expect he can earn more but not. Lionid 6%++ Annjoo 10%, and dun for get currently q2 steel price already drop... if Lionid giv a good result in q1'18, both PE wil rate around 5, masteel tp 0.925.

JN88

11,670 posts

Posted by JN88 > 2018-05-25 22:00 | Report Abuse

The best among steel counter. Annjoo go Holland already

Outliar

302 posts

Posted by Outliar > 2018-05-25 22:31 | Report Abuse

Operating profit is only half of that, I dont see why the results are any good

tecpower

3,536 posts

Posted by tecpower > 2018-05-25 22:53 | Report Abuse

People expected a very bad QR, In other words, an extremely bad QR has been priced in. The QR announced today is not bad, so the stock price will surely surege.

Outliar

302 posts

Posted by Outliar > 2018-05-25 22:58 | Report Abuse

Besides one off gains, their Net Profit YOY is almost 50% less

tecpower

3,536 posts

Posted by tecpower > 2018-05-25 23:05 | Report Abuse

The Group’s revenue for the current quarter recorded an increase of RM2.48 million to
RM424.80 million mainly due to higher selling price. The Group recorded a profit before tax of
RM19.97 million as compared to profit before tax of RM16.70 million achieved in the immediate
preceding quarter mainly due to lower administrative expenses in the current quarter.

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